A new, flexible and secure way to f.inance your new Citroën
WELCOME TO ELECT 3


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WHY ELECT 3?

Elect 3 is a Personal Contract Plan (PCP) from Citroën Financial Services designed to give you a new car experience as often as possible. We can structure monthly payments to suit your budget, and they'll often be lower than other types of vehicle f.inance as you only pay a part of the vehicle price over the term of the agreement.

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What's most important to you?

Because it's so flexible, Elect 3 is suited to drivers with a range of different requirements. Whether you're after lower monthly repayments and the security of Guaranteed Minimum Future Value (GMFV), or the pleasure of driving a brand new Citroën every three years, we can prepare the perfect package for you.

Find out more about the Elect 3 options by downloading our Citroën Elect 3 brochure. You can also view deposit ranges and typical monthly repayments for Citroën models on our table.

How it works

Begin with the fun part - by choosing your favourite Citroën. You can then decide how big a deposit to put down, and how far you're likely to drive during the agreement term. We'll calculate the Guaranteed Minimum Future Value (GMFV†) of your chosen car, and the difference between this and your deposit. With Elect 3, the GMFV† amount is taken off the repayable f.inance and the vehicle's On the Road Price is covered by your monthly payments (plus interest). Elect 3 takes the guesswork out of buying a new car, giving you peace of mind by guaranteeing its future value and deducting it from your repayments.

THE DEPOSIT

The flexibility of Elect 3 means you can put forward a deposit that suits your budget, from 20% to 50% of the vehicle's value.

THE DIFFERENCE (MONTHLY PAYMENTS)

Your total monthly payments will make up the difference between your deposit added to the GMFV†, and the car's original On the Road Price. This means they're likely to be less expensive than payments for other types of vehicle f.inance.

GUARANTEED MINIMUM FUTURE VALUE

You'll know from the start the Guaranteed Minimum Future Value (GMFV†) of your car. It's the amount you'll pay if you choose to purchase the car at the end of your agreement*. Not only will this give you peace of mind, it'll help your future budgeting.

After 3 years what are my options?

TRADE IN

SWITCH TO A BRAND NEW CITROËN

Take the wheel of a gleaming new car. Once your agreement ends you can choose to part exchange your current model for an all-new Citroën, allowing you to pick one of the latest cars with leading-edge technology. As we'll have guaranteed your car's minimum future value, you won't have to worry about depreciation. And if your car's worth more than the GMFV† you can use the difference as a deposit on your new Citroën.

BUY YOUR CAR

TAKE FULL OWNERSHIP

If you're taken with your Citroën you might want to buy it outright when the contract comes to an end. If you've kept up-to-date with your monthly payments you can buy the car by paying the GMFV† and an option to purchase fee, and then drive into the sunset - no strings attached.

RETURN YOUR CAR

Decided that the scheme isn't for you? When the agreement term ends you can simply return your car to Citroën, without paying a penny more. Just make sure that you don't go over the agreed mileage limit, and that you return the car in a reasonable condition.

FIND OUT HOW YOU COULD BENEFIT
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The benef.its of Elect 3 f.inance

Competitive APR

The security of GMFV†

Affordable monthly repayments

Reduced Service Costs

Flexible options

Full Warranty coverage and roadside assistance

New Citroën every 3 years

Low deposit or trade in

Budget management

Elect 3 f.inance calculator

1 >
2 >
3 > METALLIC PAINT?  
4 > SERVICE PACK  
5 > DEPOSIT AMOUNT

YOUR QUOTE: €XXX PER MONTH based on XXXkm over XXX years

Chosen Model

SERVICE PACK XXX

MONTHLY PAYMENTS €XXX

MRRP €XXX

DEPOSIT €XXX

TOTAL AMOUNT OF CREDIT €XXX

NUMBER OF MONTHLY PAYMENTS XXX

DURATION OF AGREEMENT XXX

DOCUMENTATION FEE €XXX

OPTION TO PURCHASE FEE €XXX

TOTAL AMOUNT REPAYABLE €XXX

TOTAL COST OF CREDIT €XXX

GUARANTEED FUTURE VALUE (OPTIONAL FINAL PAYMENT) €XXX

REPRESENTATIVE APR FIXED XXX%

Terms and conditions and other legal requirements

PRINT QUOTE

7 >

TRADING IN YOUR CURRENT CAR?

Enter your registration number below to get a trade-in quote from your local Citroën dealer

8 >

Enter your details

FREQUENTLY ASKED QUESTIONS

What's the Guaranteed Minimum Future Value (GMFV†)?

This is the minimum value of your Citroën when the f.inance agreement comes to an end. It will be determined by Citroën Ireland, Citroën Finance and your Citroën dealer. At the end of the agreement the Citroën dealer will allow you to pay the GMFV†, if you want to take ownership of the car.

Who decides the GMFV†, and how is it calculated?

Citroën Ireland, Citroën Finance and your Citroën dealer will estimate the vehicle's future worth, to calculate the GMFV†. The decision will be based on the sales results of similar vehicles, and the model's data and economic factors, as well as your preferred f.inance terms and the agreed mileage band.

Will the GMFV† match the expected market value?

The f.igure could be more or less than the actual value of the vehicle, as it represents the minimum value that Citroën Ireland, Citroën Finance and your Citroën dealer have estimated for it. The GMFV† also depends on the condition that your vehicle is returned in, and whether or not you have exceeded your pre-arranged mileage band.

Can I use my current car as a deposit for Citroën Elect 3?

Yes. You must pay a deposit of 20% to 50% of the vehicle's On The Road Price, and if your current car is worth more than this you might be able to get cash back from your Citroën dealer.

What is cash back, and how can I get it?

A cash sum that is paid to you if the car that you trade in has a higher value than the deposit required.

What is the On The Road Price?

This is the sum of the car's recommended retail price, €500 delivery costs and related charges.

Will I need to keep the car in good condition?

Yes. If you return the car to your Citroën dealer you may face additional charges if it is not in a reasonable condition for its age and mileage, or if you have exceeded the agreed mileage limit.

Can I return my car if it is damaged?

The vehicle must meet the Wear and Tear policy. If it does not, you'll have the chance to arrange repairs, or the Citroën dealership can organise them for you and charge you accordingly. If you choose to buy the vehicle, the condition it is in won't matter as long as you are willing to pay the f.inal payment.

Can I trade my car in?

Yes. If you'd like to drive a new car you can trade in your vehicle, but you'll have to pay a settlement f.igure if you do this before the contract ends. A new f.inancial plan will be worked out for the new vehicle.

Can I keep my car when the contract ends?

Yes. Simply pay the GMFV† and option to purchase fee to take full ownership of the vehicle. You may also be able to extend the contract without buying the car.

Can I sell my car privately?

You can, once you have settled the f.inance agreement and taken ownership of the vehicle.

What if I exceed my pre-def.ined mileage?

If you travel more than the agreed mileage, you may face additional charges.

Is this product right for me?

Elect 3 allows you to benef.it from affordable monthly repayments for a pre-arranged term, and then to choose whether to trade in, buy or return your car. We'd suggest you seek independent f.inancial advice if you are unsure that the scheme is right for you.

†The Guaranteed Minimum Future Value (GMFV) is payable if you renew or retain the vehicle at the end of the agreement. Further charges may be applied by your Citroën Dealer subject to kilometre limits/condition of the vehicle.